Technoeconomic analysis for biofuels and bioproducts.

Abstract:

:Technoeconomic analysis (TEA) is an approach for conducting process design and simulation, informed by empirical data, to estimate capital costs, operating costs, mass balances, and energy balances for a commercial scale biorefinery. TEA serves as a useful method to screen potential research priorities, identify cost bottlenecks at the earliest stages of research, and provide the mass and energy data needed to conduct life-cycle environmental assessments. Recent studies have produced new tools and methods to enable faster iteration on potential designs, more robust uncertainty analysis, and greater accessibility through the use of open-source platforms. There is also a trend toward more expansive system boundaries to incorporate the impact of policy incentives, use-phase performance differences, and potential impacts on global market supply.

journal_name

Curr Opin Biotechnol

authors

Scown CD,Baral NR,Yang M,Vora N,Huntington T

doi

10.1016/j.copbio.2021.01.002

subject

Has Abstract

pub_date

2021-01-18 00:00:00

pages

58-64

eissn

0958-1669

issn

1879-0429

pii

S0958-1669(21)00007-0

journal_volume

67

pub_type

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